Active under contract

Price cut: $55K (3/1)

$2,195,000

3500 R O Dr, Spicewood, TX 78669

6beds

4,606sqft

Est.:

Single Family Residence

Built in 1995

7 Acres Lot

$-- Zestimate^®

$477/sqft

$-- HOA

What's special

Full catering kitchenGated entry

Premier income-producing property in one of Spicewood’s most desirable corridors. This unrestricted 7-acre boutique rental and event center features 5 seperate revenue-generating structures including: a main event venue, two full guest homes, a second event center including full catering kitchen, and a stage building ready for event venues or finish-out two side rooms for additional rentals. Designed for hospitality, retreats, weddings, and corporate events, the property offers parking for 100+ vehicles, vendor access, and gated entry. Main house can be lived in while operating other buildings for income.

202 days

166

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 5
Main level bedrooms: 5

Heating

Central, Electric

Cooling

Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)

Appliances

Included: See Remarks, Dishwasher, Disposal, Microwave, Free-Standing Gas Range, RNGHD, Water Purifier Owned

Features

See Remarks, Breakfast Bar, Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Stone Counters, Crown Molding, Double Vanity, Electric Dryer Hookup, Eat-in Kitchen, French Doors, High Speed Internet, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Stackable W/D Connections, Walk-In Closet(s)
Flooring: Carpet, No Carpet, Tile, Vinyl
Windows: Blinds, Double Pane Windows, Vinyl Windows
Number of fireplaces: 1
Fireplace features: Bedroom, Double Sided, Living Room, Wood Burning

Interior area

Total interior livable area: 4,606 sqft

Video & virtual tour

Property

Parking

Parking features: See Remarks, Additional Parking, Circular Driveway, Driveway, Gated, Gravel, Open, Outside, Private, Unpaved

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: See Remarks, Arbor, Deck, Front Porch, Patio, Porch, Side Porch
Exterior features: Balcony, Uncovered Courtyard, Exterior Steps, Garden, Private Entrance, Private Yard
Has private pool: Yes
Pool features: Above Ground, Outdoor Pool
Spa features: Above Ground, Hot Tub
Fencing: Fenced, Gate, Perimeter, Wire
Has view: Yes
View description: Hill Country, Rural, Trees/Woods
Waterfront features: None

Lot

Size: 7 Acres
Features: Garden, Gentle Sloping, Landscaped, Native Plants, Private, Rolling Slope, Sloped Up, Split Possible, Trees-Large (Over 40 Ft), Many Trees, Xeriscape

Details

Additional structures: See Remarks, Cabana, Guest House, Outbuilding, Poultry Coop, Shed(s), Storage, Workshop
Parcel number: 01429604310000
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence
Attached to another structure: Yes

Materials

Foundation: Slab
Roof: Composition, Metal, Mixed

Condition

Updated/Remodeled
New construction: No
Year built: 1995

Utilities & green energy

Sewer: Septic Tank
Water: Private, Well
Utilities for property: Cable Available, Electricity Available, Phone Available, Propane, Water Available, See Remarks

Community & HOA

Community

Features: Conference/Meeting Room, See Remarks
Subdivision: Travis Southwest

HOA

Has HOA: No

Location

Region: Spicewood

Financial & listing details

Price per square foot: $477/sqft
Tax assessed value: $1,442,105
Annual tax amount: $24,169
Date on market: 10/24/2025
Listing terms: Cash,Conventional,VA Loan
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/6/2026	Contingent	$2,195,000$477/sqft
Source: Unlock MLS #1625646 Report a problem
3/1/2026	Price change	$2,195,000-2.4%$477/sqft
Source: Kuper Sotheby's International Realty #1625646 Report a problem
10/24/2025	Listed for sale	$2,250,000+106.4%$488/sqft
Source: Kuper Sotheby's International Realty #1625646 Report a problem
6/2/2021	Sold	--
Source: Agent Provided Report a problem
3/2/2021	Pending sale	$1,090,000$237/sqft
Source: Kuper Sotheby's International Realty #5952139 Report a problem
11/9/2020	Price change	$1,090,000-0.9%$237/sqft
Source: Kuper Sotheby's International Realty #5952139 Report a problem
10/3/2020	Listed for sale	$1,100,000$239/sqft
Source: Kuper Sotheby's Itl Rlty #5952139 Report a problem
4/6/1998	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,231 0%	$1,442,105 +9.3%
2024	$9,233 +11%	$1,318,900 -4.2%
2023	$8,316 -57.2%	$1,376,855 -8.9%
2022	$19,424	$1,511,976 +209.1%
2021	--	$489,224 +10%
2020	$6,949 +10.4%	$444,749 -13.6%
2019	$6,296 +25.5%	$514,532 +40%
2018	$5,018	$367,561 +10%
2017	$5,018 +0.2%	$334,146 -0.3%
2016	$5,006	$335,301 +9.1%
2015	$5,006	$307,336 -0.3%
2014	$5,006	$308,346 -7.3%
2013	--	$332,603 +6.6%
2012	--	$312,006 +5.7%
2011	--	$295,268 +10%
2010	--	$268,425 +10%
2009	--	$244,023 +10%
2008	--	$221,839 +10%
2007	--	$201,672 +10%
2006	--	$183,338 +9%
2002	$2,906	$168,195

Find assessor info on the county website

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